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SJRES 33 114th Congress Senate Labor and Employment Administrative law and regulatory procedures Congressional oversight Department of Labor Employee benefits and pensions Financial services and investments

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term…

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A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.

Introduced: April 18, 2016 See on congress.gov
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 18, 2016
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Apr 18, 2016
Introduced in Senate
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 Plain-English summary Congressional Research Service

This joint resolution disapproves and nullifies a Department of Labor rule published on April 8, 2016, relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.

(The rule defines who is a fiduciary with respect to pension and retirement plans. Under current law, a person who provides investment advice has a fiduciary obligation that requires the person to provide advice in the sole interest of plan participants and beneficiaries. The rule changes the definition of "investment advice" to treat people who provide investment advice to pension and retirement plans for a fee or other compensation as fiduciaries in a wider array of advice relationships.)

What's happening now April 18, 2016

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S.J. Res. 33: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.. 114th Congress. Open America. https://openamerica.io/bill/114-SJRES-33/
MLA
"S.J. Res. 33: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-SJRES-33/.
Bluebook (legal)
S.J. Res. 33, 114th Cong. (2026), https://openamerica.io/bill/114-SJRES-33/.
Markdown link
[S.J. Res. 33: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.](https://openamerica.io/bill/114-SJRES-33/)
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